Analysts: L'Oreal on steam for record sales

Tomorrow the French L'Oreal will publish its past quarters figures. For this year L'Oreal 's (located in ) revenue will be around 44.53 billion euros. This is according to the average of the analysts' estimates. The expected revenue would be the highest in her history. This is rather significant more than 2022's revenue of 38.26 billion euros.

Historical revenues and results L'Oreal plus estimates 2023

L'Oreal Duisburg © L'Oreal

The analysts expect for 2023 a net profit of 7.03 billion euros. The majority of the analysts expects for this year a profit per share of 13.16 euros. Based on this the price/earnings-ratio is 34.43.

For this year most of the analysts expect a dividend of 6.98 euros per share. Thus the dividend yield equals 1.54 percent. The average dividend yield of the health care companies equals an attractive 1.91 percent.

Newest target prices around 478 euros

Sanford C. Bernstein & Co, Morgan Stanley and Stifel recently provided recommendations for the stock.

L'Oreal 's market capitalization is around 242.62 billion euros.

At 17.36 the stock trades 0.21 percent higher at 453.15 euros.

Historical stock prices L'Oreal from 2007 till 2023

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